Capri Crashes 48% as Judge Blocks $8.5B Tapestry Merger–Is the Luxury Shakeup Just Beginning?
FTC's antitrust win throws Capri's future into uncertainty, while Tapestry surges nearly 15% on hopes of a fresh start. Read More Yahoo! Finance: CPRI News
FTC's antitrust win throws Capri's future into uncertainty, while Tapestry surges nearly 15% on hopes of a fresh start. Read More Yahoo! Finance: CPRI News
The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share... Read More Yahoo! Finance:…
The FTC filed a lawsuit in April 2024, claiming that the merger would reduce competition Read More Yahoo! Finance: CPRI News
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In state and federal courts, the retailers have painted the deal as essential to enabling them to bring down prices in a world ruled by…
Capri had more to gain from the acquisition, investors say. Meanwhile, a slowing market for luxury goods slowly made the deal less attractive for Tapestry…
↗️ Tapestry (TPR): A judge blocked the company from buying Capri (CPRI) in an $8.5 billion deal that would have brought together brands like Michael…
A judge has blocked Coach owner Tapestry from buying rival Capri, endorsing the Federal Trade Commission’s competition concerns. Capri stock had already fallen a long…
A judge stopped Tapestry closing its takeover of rival Capri, dealing a blow to their ambitions to create a house of brands that would include…
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Shares of Capri Holdings (CPRI), parent company of Michael Kors and Jimmy Choo, are sinking after a US judge blocked its pending $8.5 billion merger…
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The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the…
Capri Holdings shares are plummeting nearly 50% in premarket trading Friday after a federal judge blocked Coach owner Tapestry's $8.5 billion acquisition of the Versace…
Shares of Michael Kors parent Capri unraveled early Friday after a judge blocked its $8.5 billion merger with Coach owner Tapestry. Read More Yahoo! Finance:…
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Capri's Proposed $8.5 Billion Acquisition by Tapestry Blocked by Federal Court Read More Yahoo! Finance: CPRI News
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Tesla stock moves lower after shares of the electric-vehicle maker surged 22% on Thursday, a judge grants the FTC request to block Capri’s merger with…
The latest investor updates on stocks that are trending on Friday. Read More Yahoo! Finance: CPRI News
Companies are in the dark about how exactly antitrust enforcement would shift under a new administration, upending merger plans until a 2024 outcome is certain.…
(Bloomberg) -- Capri Holdings Ltd. put options far below the market went from being almost worthless to a potential value greater than $2 million as…
The Federal Trade Commission filed a suit in April seeking to block the intended deal, arguing it would curb competition in the so-called accessible luxury…
LONDON, October 24, 2024--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today reported that, consistent with the requirements of the merger agreement, it intends…
A U.S. District judge has halted the merger between the makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers.…
A judge ruled in favor of the Federal Trade Commission's (FTC) antitrust case against Tapestry (TPR) and Capri Holdings (CPRI), blocking the merger of the…
(Bloomberg) -- A judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of rival Capri Holdings Ltd.Most…